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E-invoicing for SMEs with RM1mil to RM5mil sales postponed, says Anwar

2026-01-05 2,520 Dailymotion

The government has postponed the mandatory rollout of e-invoicing for companies with annual sales of RM1mil to RM5mil after concerns that many are unprepared due to high implementation costs. <br /><br />Prime Minister Datuk Seri Anwar Ibrahim also announced a reduction in the sales and services tax on rental services from 8% to 6%, alongside a full exemption for MSMEs earning below RM1.5mil annually, a move that will cost the government nearly RM500mil in revenue. <br /><br />Read more at https://tinyurl.com/5n8hbkzk<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline

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